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Home2024September

Month: September 2024

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Private Sector

Azure Power Global to prepay USD350 million green bonds with Rs 24 billion term loan refinancing

September 13, 2024

Azure Power Global Limited has issued a notice to prepay green bonds maturing in December 2024. The bonds (RG II) were issued in 2019 for USD350 million and listed in Singapore, are backed by ten […]

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Private Sector

Genus Power incorporates two SPVs for AMISP services under RDSS

September 13, 2024

Genus Power Infrastructures Limited has incorporated Genus Shekhawati smart metering, a special purpose vehicle (SPV) Private Limited and Genus Marwar Smart Metering SPV Private Limited, for execution of advanced metering infrastructure service provider (AMISP) services […]

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State Sector

Tamil Nadu notifies Repowering, Refurbishment and Life Extension Policy 2024 for WEGs

September 13, 2024

Tamil Nadu has issued the Repowering, Refurbishment and Life Extension Policy 2024 for wind energy generators (WEG). All WEGs that have completed their operational life period of 20 years will have to compulsorily opt for […]

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Private Sector

Oriana Power bags contract to develop 128 MW solar plant in Tamil Nadu

September 13, 2024

Oriana Power Limited’s subsidiary TrueRE Surya Private Limited has bagged a contract from Dalmia Cement (Bharat) Limited, (DBCL) to build and operate a 128 MW ground-mounted solar power plant in Tamil Nadu. The project is […]

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International News

Nigerian government to invest USD800 million in power infrastructure

September 13, 2024

The Nigerian government recently announced an investment of USD 800 million to improve the nation’s power infrastructure through the presidential power initiative. This investment plan aims to develop substations and distribution networks in important areas […]

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Central Sector

NHPC declares winners of 1.2 GW ISTS solar projects

September 12, 2024

NHPC Limited has declared the winners for developers to set up 1.2 GW inter-state transmission system (ISTS)-connected solar power projects in India. The winners include Essar Renewables (300 MW), Jevargi Solar (Rays Infra) (200 MW), […]

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Private Sector

ITI secures order worth Rs 3 billion from BREDA for solar street lights

September 12, 2024

ITI Limited has received an order worth Rs 3 billion from the Bihar Renewable Energy Development Authority (BREDA) to supply and install 100,000 solar street light systems for the Bihar government. The Naini Plant of […]

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Private Sector

Tata Power-DDL signs agreement with Nissin Electric for micro substation project

September 12, 2024

The micro Tata Power Delhi Distribution Limited (Tata Power-DDL) and Nissin Electric Company Limited have signed a project agreement to commence a demonstration project to provide electricity from India’s first micro substation with a power […]

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Private Sector

Purvah Green Power receives LoA for 300 MW solar PV power project

September 12, 2024

Purvah Green Power Private Limited has received a letter of award (LoA) from CESC Limited for setting up a 300 MW solar photovoltaic (PV) power project. This includes a 150 MW inter state transmission systems […]

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International News

Clime Capital Management to invest funds to deploy solar energy infrastructure in the Philippines

September 12, 2024

Clime Capital Management Private Limited has revealed plans to invest up to USD10 million in Upgrade Energy Philippines to deploy solar energy infrastructure across Philippines. This funding is provided through the Southeast Asia Clean Energy […]

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Reforms and Regulations

MNRE releases draft guidelines for financial assistance and payment security under PM-Surya Ghar: Muft Bijli Yojana

September 11, 2024

The Ministry of New and Renewable Energy (MNRE) has released draft guidelines for financial assistance and payment security under the ‘PM Surya Ghar—Muft Bijli Yojana’ rooftop solar scheme. These guidelines pertain to the implementation of […]

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Central Sector

IREDA signs MoU with SJVN and GMR Energy for 900 MW upper Karnali hydro project in Nepal

September 11, 2024

Indian Renewable Energy Development Agency Limited (IREDA) has signed a memorandum of understanding (MoU) with SJVN Limited, GMR Energy Limited, and their associated companies for the development and implementation of the 900 MW Upper Karnali […]

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Private Sector

JSW Neo Energy receives LoA for 600 MW wind-solar hybrid project from MSEDCL

September 11, 2024

JSW Neo Energy Limited, a subsidiary of JSW Energy Limited, has received letter of award (LoA) for setting up a 600 MW wind-solar hybrid power project including 400 MW allotted under green shoe option from […]

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Private Sector

TP Solar commences solar cell and module manufacturing at Tamil Nadu

September 11, 2024

TP Solar Limited, a subsidiary of Tata Power Renewable Energy Limited, has begun commercial production at its 2 GW solar cell manufacturing facility in Tirunelveli, Tamil Nadu. Tata Power has invested nearly Rs 43 billion […]

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International News

CME Solar Investment, Vista Global to promote rooftop solar energy in Vietnam

September 11, 2024

CME Solar Investment and Vista Global, a subsidiary of Samsung C&T, have formed a joint venture to promote rooftop solar energy in Vietnam. The CME-Vista partnership aims to accelerate solar project development in Vietnam, contributing […]

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Central Sector

MNRE proposes extension of ALMM list II to include solar PV cells

September 10, 2024

The Ministry of New and Renewable Energy (MNRE) has issued draft amendment to Approved List of Models and Manufacturers (ALMM) List-II for solar photovoltaic (PV) cells from April 1, 2026, to accommodate the expected increase […]

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State Sector

Gujarat government to install 48 MW solar rooftop systems on government buildings in 2024

September 10, 2024

Reportedly, the  Gujarat government is planning to install 48 MW of solar rooftop systems on various government buildings with a budget of Rs 1.77 billion. By March 2024, solar rooftop systems with a combined capacity […]

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Private Sector

AGEL completes redemption of USD750 million Holdco notes

September 10, 2024

Adani Green Energy Limited (AGEL) has completed the redemption of USD750 million Holdco notes through a fully funded redemption reserve account. The Holdco notes were used to support AGEL’s accelerated growth over the past three […]

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Private Sector

Suzlon secures 1,166 MW order to install 370 WTG from NTPC Green Energy

September 10, 2024

Suzlon Group has secured an order for the installation of 370 wind turbine generators (WTG), each with a capacity of 3.15 MW, using S144 models with hybrid lattice tubular towers from NTPC Green Energy Limited […]

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International News

Actis partners with Meralco and SPNEC to invest in the Terra Solar Project

September 10, 2024

UK-based Actis has partnered with Manila Electric Company (Meralco) and Solar Philippines New Energy Corporation (SPNEC) to invest in the Terra Solar Project, a major solar-plus-storage initiative in the Philippines. The project will have a […]

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Recent Posts

  • Coal India secures LoA from GRIDCO for 320 MWh BESS project in Odisha

    May 4, 2026
    Coal India Limited has received a letter of award (LoA) from GRIDCO Limited for setting up a 320 MWh battery …Read More »
  • Dalmia Cement acquires stake in Oyster Renewable Energy’s subsidiary 

    May 4, 2026
    Dalmia Cement (Bharat) Limited, a wholly owned subsidiary of Dalmia Bharat Limited, has entered into a share subscription and shareholders’ …Read More »
  • Purvah Green signs PPA with SECI for 250 MW wind project

    May 4, 2026
    Purvah Green, a subsidiary of Calcutta Electric Supply Corporation (CESC), has signed a power purchase agreement (PPA) with the Solar …Read More »

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